ECCO A/S (ECCO) had been very successful in the footwear industry by focusing on production technology and assuring quality by maintaining full control of the entire value chain from cow to shoe. As ECCO grew and faced increased international competition, various value chain activities, primarily production and tanning, were offshored to low-cost countries. The fully integrated value chain tied up significant capital and management attention in tanneries and production facilities, which could have been used to strengthen the branding and marketing of ECCO's shoes. Moreover, an increasingly complex and dispersed global value chain configuration posed organizational and managerial challenges regarding coordination, communication and logistics. This case examines the financial, organizational and managerial challenges of maintaining a highly integrated global value chain and asks students to determine the appropriateness of this set-up in the context of an increasingly market-oriented industry. It is suitable for use in both undergraduate and graduate courses in international corporate strategy, international management, international marketing, supply-chain management, cross-border strategic management and international business studies in general.
ECCO A/S — グローバル・バリューチェーン・マネジメント (ECCO A/S - Global Value Chain Management Japanese version)
Bo Bernhard Nielsen, Torben Pedersen, Jacob Pyndt
Product #:W50769
Supplier:Ivey
Discipline:Entrepreneurship
Setting:Denmark, Global, 2005
Your Price:$9.71
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Learning Objectives
- グローバル・バリューチェーン分析。本ケースは、多国籍企業(MNC)が立地固有の優位性を活用し、グローバルな規模と範囲の優位性を得るために、いかにグローバル・バリューチェーン活動を構築するかを学生が調査する出発点として活用できる。ECCOは完全に統合されたバリューチェーンを有しており、このアプローチの長所と短所について議論することが可能である。
- 外部委託と自社生産(オフショア生産)の比較。本ケースは、外部委託と自社生産(ただしオフショア生産)の比較(およびその他の活動)における長所・短所について詳細な議論を行うのに適している。上級学生向けには、外部委託とオフショア生産の選択時期や方法を評価する際に有用な理論についての議論を併せて行うことができる。
- 国際的な企業レベル戦略。本ケースは、ダイナミックな市場における中核的競争力と競争優位性の源泉に焦点を当て、企業国際戦略の持続可能性を議論する材料として活用可能。ECCOはインサイドアウト戦略を採用しているのに対し、競合他社は全てアウトサイドイン戦略を採用しているように見える。戦略的焦点の転換の妥当性、およびそれに伴う推進要因や問題点・コストについて議論する材料としても活用できる。本ケースには、PEST分析によるマクロ環境動向の示唆と組み合わせ可能なポーターの5つの力分析を実施するのに十分な情報が含まれている。主要競合他社に関する情報は競合分析を可能にし、BarneyのVRIO分析と併用することで、この動的環境下におけるECCOの優位性の持続可能性を評価できる。
The objectives of this case are:
- Global value chain analysis. This case can be used as a starting point for students to investigate how a multinational corporation (MNC) configures its global value chain activities in order to exploit location-specific advantages and gain global scale and scope advantages. ECCO has a fully integrated value chain and this allows for a discussion of the pros and cons of such an approach.
- Outsourcing versus in-house (offshore) production. The case is well positioned to allow for an elaborate discussion of pros and cons of outsourcing versus in-house (yet offshored) production (and other activities). For advanced students, this can be accompanied by a discussion of the theories that can be helpful in assessing when and how to outsource versus offshore.
- International corporate level strategy. This case can be used to discuss the sustainability of corporate international strategy with emphasis on core competencies and drivers of competitive advantage in a dynamic market. ECCO is following an inside-out strategy, whereas all the competitors seem to follow an outside-in strategy. The case can be used to discuss the relevance of changing strategic focus as well as the drivers and problems/cost associated with this.
- Industry analysis and competitive strategy. The case has enough information to allow for a Porter's 5 Forces that could be combined with some indication of macro-environmental trends via a PEST analysis. Information about main competitors allows for a competitor analysis, which can be used together with Barney's VRIO analysis to assess the sustainability of ECCO's advantages over time in this dynamic environment.